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Callon Unveils Key 24-Hour Permian Well IPs; Ups Guidance
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Callon Petroleum Company reported results of operations for the three and six month periods ended June 30, 2015.
Key highlights for the second quarter of 2015 include: Net daily production of 9,516 barrels of oil equivalent per day, an increase of 11% compared to the first quarter of 2015, comprised of 79% oil volume Lease operating costs, including workovers, of $7.59 per barrel of oil equivalent, a decrease of 16% compared to the first quarter of 2015 Adjusted EBITDA, a non-GAAP financial measure, of $31.7 million, an increase of 14% compared to the first quarter of 2015 Adjusted income available to common shareholders, a non-GAAP financial measure, of $0.04 per diluted share based on total average diluted shares outstanding of 66.0 million shares Increased annual production guidance…- ✓ Full news archive — U.S., Canada & international coverage
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